Building up on Elliott Wave Techmology study, this is the candle pattern from MtGox collapse pointing new lows. Although a W.4 is expected to normally retrace 0.5 and move sideways, W.2 retraced for more than one year and the start of W.1 isn't determinable to secure that 0.786 retrace. In this case by following Elliott rules, W.4 should be a sharp wave,...
Cuidado con Verge si bien tiene muchos fundamentales que juegan a su favor esta testeando la resistencia de 0.1 y tiene indicadores que dan sobre venta. Un posible escenario seria una corrección hasta los 0.07 para volver a tomar impulso alcista o bien otro escenario seria la ruptura de esa resistencia para seguir con el envión alcista hasta los 0.13 aproximadamente.
It's remarkable how parabolic Adobe is. How long can this keep going on? Is a correction in store? Or can Adobe keep flying to the moon?
Whales are setting big Low Buy Walls and keep pulling down Panic sellers who create their own doom by creating Sell limits close to the price in turn creating clogs and sell walls that wont let the price move up. If only if Sellers knew the best thing to do is create High Sell Limits. Example: the price is dropping to 333000, then set the damn Set limit to...
RDD/BTC You may have seen this in the past when the order and sell books fill up either side with large orders. If you enter into this coin you won't be able to sell out unless you lose 1 sat per coin you hold. The books have been loaded and you will be trapped this is on Bittrex. This is a warning to all traders check buy and sell books before you buy! Make...
The first red line is the obvious resistance.... Bulls should beware the red box. Secret resistance is there !! The bears that sell here will be aiming for a NEW LOW
Warning! First trade idea published...ever...by a rookie....albeit a confident rookie (aren't we all?). I'll admit I got sucked into the CryptoCraze in December and made many foolish mistakes during the huge bull market. We all know things have come crashing back to reality but I have a new found respect for the market and have found an incredible interest in...
After the Shoulder-Head-Shoulder formation, SP500 fired a hit 'n' run candle, which was quickly dismissed. After that, 2 attempts where made to recover, only to be rejected near shoulder level. This time, it hit the vertical neckline once, and it'll problably hit i twice before being rejected again. .......and history will repeat it self, and the pattern and...
As many other traders I am asking myself whether Bitcoin is ready to explore new uncharted price territories or if we are currently witnessing the second major top in Bitcoin prices. First, I want to emphasize that at current I don't see much evidence on higher time frames that the market is ready to turn south anytime soon. However given the fact that we are...
To everybody: The chart I think does not need much explanation. On my first chart of this coin I took the time to see his full story, his white paper, his roadmap and his behavior. In the second I made a chart to see its possible trend. I found that it was forming an upward triangle, within which the price was handled correctly until after a doji, there was a sale...
This bubble is about to pop sooner or later, everyone needs to prepare! Low interest rates for years have created this bubble and it's about to pop so get out of the market and get into gold before it's to late! Use common sense, thanks!
As I stated on 12/20, it was pretty much impossible for BTC to not sink further and significantly. Though it did have a short rebound for X-mas that was destined to be short lived. BTC is only down 7.25% since I made my prediction but with what the 3 hour through 2 week indicators show is trouble. The shorter 4 and 6 hour indicators show a reversal underway...
I think that oil price will be drop down I am building this prognosis from fundamental base and breaking financial news. My chart show us that oil price have ending dynamic downtrend and this very dangerous for opening short position.